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Search Results 0 to 5 of about 6 (some duplicates have been removed)
and the white house work out a deal to stop the highly controversial sequester. many including president obama say if the sequester goes through will spell disaster from the national defense and food safety and affect everything from the teacher tots air traffic controllerings. others say the cuts might be just what the country needs. molly is joining us with more. >> it appears each side is digging in. there are overt sign there are deal. president obama said today that there is it time for congress to come to a deal that he would sign provided that it incluppeds more tax increases to go along with the spending cuts. >> they can pass a balanced plan for deficit reduction and cut spending in a smart way and cloyce loop holes for the well and it appears unfortunately that republicans in congress instead of compromising and instead of asking . wilthiest americans they want the cut to fall squarely on the class - middle class. >> the gingof this year - beginning of year they allowed the cuts. the gop said no more tax hikings but will make a deal on spending cuts. >> house republicans passed two b
, and possibly a new secretary of defense, the obama administration wants a diplomatic success, quote/unquote, which you can achieve by giving into your adversary's position. >> they say the democratic mat tick could be a success. you mentioned john kerry embarking on this trip. what do you think he'll propose on the trip in dealing with the nuclear issue? >> i'm worried what will happen is by legit myselfing the iranian program you increase the risk iran will get to nuclear weapons very quickly. the example of north korea, we've seen their third nuclear test within the past days. that once you get to a certain point, people begin to accept that you are a nuclear power. that's what the north north kors have counted on in the face of stiffer sanctions imposed. the lesson for iran is keep plugging ahead and they'll overcome the west's opposition. once that happens, everything in the middle east changes. >> you've raise add great point, the sanctions against north korea have been much stronger than tehran. they've had three tests already. >> yeah, look, the sanctions against iran are hav
this week, president obama said congress should get rid of tax breaks like this one. >> save hundreds of billions of dollars by getting rid of tax loopholes and deductions for the well off and the well connected. >> president obama has benefited tremendously from his popularity on social media and tax experts say that might be why he let's facebook get away with billion dollars tax breaks like this one. >> the president certainly had a double standard when it comes to picking out examples that help him advance his policy agenda. he often points to oil and gas companies taking questionable deductions, which are perfectly legal under the law. but he leaves out other companies like facebook that pay a low effective tax rate, but doesn't go after, again, which are perfectly legal and justified deductions, doesn't point them out and make them an example the same way does he in an industry like oil and gas. >> facebook got a $1 billion tax break in 2012. they carried over $2.2 billion in breaks to use in future years. so far facebook spokesperson has declined comment about the big tax brea
Search Results 0 to 5 of about 6 (some duplicates have been removed)